For saleTownhouse
$190,000
1801 New York Ave N
Minneapolis MN 55411
2 beds, 1.5 baths, 1,158 sqft
1801 New York Ave N is a 2 beds, 1.5 baths, 1,158 sqft townhouse home for sale at $190,000 in Minneapolis MN 55411. At 20% down it rents for an estimated $1,800/mo and returns $55/mo a month at a 6.9% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $1,800/mo
- Monthly cash flow
- $55/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.8%
- Max offer
- $164,500
Offer ≤ $164,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.